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Maine Partnership Agreement

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Maine Partnership Agreement
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Updated March 19, 2024

A Maine partnership agreement is a contract between two or more business partners. Legally binding once signed, this document outlines the stake and responsibilities of each partner involved. Tax obligations and liabilities vary between the five different partnership types in Maine.

Partnership Types

  • General Partnerships (GP)[1]
  • Limited Partnership (LP)[2]
  • Limited Liability Partnership (LLP)[3]
  • Limited Liability Limited Partnership (LLLP)[4]
  • Limited Liability Companies (LLC)[5]

Sources

  1. 31§1001-31§1105
  2. 31§1341-31§1346
  3. 31§801-31§876
  4. 31§1356
  5. 31§1501-31§1693